Japan's Yamada Denki tumbles to 4-1/2-month low on earnings

YAMADA HOLDINGS

16/04/2018 01:25

** Yamada Denki  9831.T  shares fall as much as 9.5 pct to
594 yen, lowest level since late Nov
    ** Operator of home electronics retail chain cut earnings
guidance for financial year that ended on March 31, slashing net
profit estimate to 29 billion yen ($269 million) from 47 billion
yen 
    ** Co also cut annual dividend to 13 yen per share from the
previous plan of 18 yen per share
(Reuters Messaging:hideyuki.sano.thomsonreuters.com@reuters.net)


($1 = 107.5100 yen)